Reader Jeff also requested to see our ultra-simple example system on United States Oil Fund LP (AMEX: USO). Three trades, for net +$2.35 per share.
Thanks for the suggestions, Jeff! I’m enjoying pulling up the charts you all select. If you aren’t aware, I’m trying to show how just a couple eotpro elite [...]
Jeff asked for a chart of UltraShort Financials ProShares (AMEX: SKF) in the comments. You can see here that there wasn’t much action for our simple example system on SKF today… during a lot of the down move, the volume pressure was to the upside. I suspect that sometimes the arbitrage on ETFs [...]
At the request of reader Quentin, here is today’s chart for UltraShort QQQ ProShares (AMEX: QID). It was a low-volume day, so not many bars….
Once again, we see how blindly exiting on the first bar where the volume pressure changes color can leave a lot of money on the table. Still, it’s [...]
Hi, all! Today, for my daytrading demo, I picked the first stock that came to mind… Apple Inc. (Nasdaq: AAPL)…. since the logo is on my mouse, my laptop, my phone, my iPod, etc, it’s hard to blame me. Just like in ES, we had a pretty smooth down-trend today. Four [...]
No one left a comment today requesting any particular stock, so I went over to Trader Jamie’s site, which is one of my favorite stock trading blogs. Jamie highlighted a trade on Nordson Corporation (Nasdaq: NDSN), so I picked it as well.
For our ultra-simple eotpro system, NDSN was kinda a pain… it’s one [...]
Here’s a counter-trend trade on the ES futures in the afternoon. In the video, I give my rationale for getting in, and my rationale for getting out. Did my trade work, or do I eat ramen noodles tonight? Watch and find out!
So I got tired of waiting on the after-trade outcome when [...]
Here’s an example of a triple-screen entry from this morning on the S&P 500 Futures (@ES):
As always, we see that: (1) there is a clear uptrend on the context chart (upper left). The eotpro Bid/Ask Histogram is green. Then, (2) on the main chart on the right, we have a hook up [...]
Reader James H requested the chart for United States Steel Corporation (NYSE: X), and so I made a note to post it tomorrow. But, I’m having too much fun showing these off.
Anyway, with that said, here’s how our ultra-simple criteria worked: It was five trades on X, with 4 wins and 1 loss, [...]
Congrats to Dave Mabe of StockTickr, who just got an article published in TAoS&C. Check it out!
Reader Quentin also asked to see the indicators on Alaska Air Group, Inc. (NYSE: ALK) yesterday. Man, Quentin in needy! Still, I have come through for him. It’s a pleasure to see how well the indicators do. In general, I plan to feature 1 stock per day, but I thought [...]